Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: Ram Seetharaman who wrote (7288)	4/17/2000 2:52:00 AM
From: DJBEINO	Respond to of 9582

UMC closed @ 97.50 +2.00 vol 68,798,000 +++++++++++++ TAIWAN WEIGHTED closed @8993.68 +126.88 (+1.43%) +++++++++++++ Taiwan's TWSE Index rose 126.88 to 8993.68, its first gain in six days. The index lost 5.4 percent on Saturday, as it was the first Asian market to react to the Nasdaq's worst weekly loss in its history. ``Some investors have started to rethink their investment strategies and base them on Taiwan shares' own valuations, rather than the volatility in foreign markets,' said Teng Wei-jen, manager of Yuanta Securities Co.'s NT$1.6 billion ($53 million) China Fund. Teng plans to hold on to his portfolio. Mosel Vitelic, a computer memory chip maker, surged 6.8 percent to NT$86 after spot prices of its key product gained 2.7 percent last week. Prices for 64-megabit dynamic random-access memory chips were $6.54 on Friday, compared with $6.37 a week ago., according to the American Integrated Circuit Exchange. Winbond Electronics Corp., another computer memory chipmaker, added 4.4 percent to NT$84. Four state-owned pension and insurance funds may buy stocks this morning in companies they see priced at bargain levels, the Commercial Times and other papers reported, citing Finance Minister Paul Chiu. +++++++++++ Chartered Semiconductor Manufacturing Ltd. the world's No. 3 chip contract manufacturer, lost 16 percent to S$10.10. Chartered also postponed a planned share sale because of ``current stock market conditions.'

To: Ram Seetharaman who wrote (7288)	4/17/2000 2:54:00 AM
From: DJBEINO	Respond to of 9582

Chartered Semiconductor Postpones Global Offering SINGAPORE--(BUSINESS WIRE)--April 17, 2000--Chartered Semiconductor Manufacturing Ltd (Nasdaq:CHRT - news) and (SGX-ST:CHARTERED) today announced that due to current stock market conditions it has postponed the previously announced global offering of 213,000,000 ordinary shares, directly or in the form of American Depositary Shares. The proposed offering consisted of 78,000,000 ordinary shares offered by Chartered and 135,000,000 ordinary shares offering by selling shareholders. About Chartered Chartered Semiconductor Manufacturing Ltd (Nasdaq: CHRT and SGX-ST: CHARTERED) is one of the world's leading independent foundries providing wafer fabrication services. Guided by the tenets of trust, service, partnership, advanced technology and stability, the Company aims to provide world-class semiconductor foundry services that enable customers to create and deliver market-leading system-level solutions. Chartered operates five fabrication facilities that serve high-growth, technologically advanced applications such as communications and networking. Headquartered in Singapore, Chartered employs approximately 3400 people at its 11 locations in North America, Asia and Europe. biz.yahoo.com

To: Ram Seetharaman who wrote (7288)	4/17/2000 3:02:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

CHRT, TSM: semiconductor foundries; explosive growth in this area as semiconductors outsource their chip making to foundries; both CHRT and TSM are leaders in this area; expects a lot of forward expansion for CHRT, with exploding operating margins; CHRT to make more than $1 this year and more than $2 next year Larry Bowman, Bowman Capital netcognizance.com

To: Ram Seetharaman who wrote (7288)	4/17/2000 9:30:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Winbond Electronics :DRAM Demand To Exceed Supply ++++++++++++++ Taiwan's Winbond Electronics 1Q Net NT$2.02B Vs NT$0.34B TAIPEI (Dow Jones)--Chipmaker Winbond Electronics Corp. (2344.TW) of Taiwan said Monday it posted a net profit of NT$2.02 billion (US$1=NT$30.53) during the first quarter of 2000, compared with NT$0.34 billion a year before. Sales grew 47% to NT$9.61 billion from NT$6.53 billion during the same period in 1999. DRAM Demand To Exceed Supply Winbond said dynamic random access memory chips accounted for some 49% of sales during January-March, up 54% from the first quarter of 1999, amid increased capacity and upgrades in manufacturing technology. While DRAM sales were down 27% from the October-December period on weaker pricing, the chipmaker said it expects DRAM prices to grow steadily over the coming months, with demand to outstrip supply during the second half of the year. Other semiconductors, including flash memory and LCD drivers, accounted for 51% of revenue during the first quarter. Sales of such chips are expected to grow 40% in 2000.